Great Portland stock edges lower as new Duke Street project boosts profits

Published on 09/04/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Great Portland stock trades slightly lower around 329.20 pence as the REIT highlights strong profitability from its newly completed 30 Duke Street development and solid recent quarterly figures.

Isometrische Grafik der Wertschöpfungskette einer Immobilienentwicklung — Isometrische 3D-Grafik zeigt Immobilien-Wertschöpfungskette, relevant für Great Portland Estates plc, ISIN GB00B01FLL16, Entwicklungsprozess, Illustration mit AI erstellt.

Great Portland Estates (ISIN GB00B01FLL16) stock is quoted at about 329.20 pence as of September 4, 2026, implying a modest decline of 0.30% on the day according to market data in London.

Development profit at 30 Duke Street lifts returns

For investors, the most immediate operational catalyst is the completion of Great Portland Estates' mixed-use scheme at 30 Duke Street in London, which the company reports has achieved average rents 6.7% above estimated rental value, underpinning an expected development profit on cost of 37.1% as of September 3, 2026, according to a brief report carried by Alliance News via Morningstar.

The strong uplift versus estimated rental value is a telling data point: a 6.7% premium not only supports near-term cash flow but also signals resilient tenant demand for prime West End space in Great Portland Estates' core submarkets.

Recent financial results show revenue growth

Based on its latest reported full fiscal year ended March 31, 2026, Great Portland Estates generated total revenue of 128.10 million GBP, up 26.2% from 101.50 million GBP in the prior fiscal year ended March 31, 2025, according to an income statement overview compiled by Investing.com.

On the bottom line, the same fiscal year data show a net profit of 154.50 million GBP for the year to March 31, 2026, compared with 116.00 million GBP for the year to March 31, 2025, meaning net profit increased by 33.2% year on year, according to the same compiled figures from Investing.com.

The latest quarterly numbers feeding into that annual outcome illustrate the momentum: in its most recently reported quarter, Great Portland Estates posted revenue of 64.00 million GBP and net profit of 95.60 million GBP, while delivering a quarterly EBITDA of 13.70 million GBP, with EBITDA down 36.57% versus the prior quarter, according to the same source.

Balance sheet and leverage remain central

From a balance-sheet perspective, Great Portland Estates' most recent quarterly figures indicate total assets of about 3,117.30 million GBP and equity of roughly 2,126.70 million GBP, implying an equity ratio close to two thirds of the balance sheet as of the latest quarter, according to a balance-sheet summary by Investing.com.

The same dataset shows total debt of around 878.00 million GBP and cash and cash equivalents of 22.70 million GBP in the latest quarter, suggesting that net debt stands near 855.30 million GBP and remains a key variable for shareholders tracking interest costs and refinancing risk.

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More data on Great Portland Estates

For more figures and regulatory disclosures on Great Portland Estates, the ad-hoc-news.de topic page and the company's Investor Relations area provide extended coverage.

All news on this ISIN Investor Relations

Flagship West End offices anchor the business

Great Portland Estates focuses on high-quality office and mixed-use assets in London's West End, with schemes such as 30 Duke Street illustrating its approach of repositioning central assets from planning through leasing.

Great Portland stock and market snapshot

As of September 4, 2026, Great Portland Estates stock trades around 329.20 pence on a London venue in GBP, with intraday data on Investing.com showing a small decline of 1.00 pence or 0.30%.